SRF Limited announced the interim dividend for the financial year 2020-21, afterr a Board meeting held on January 21, 2021.
The company has declared an interim dividend @190% on each of the equity shares.
This totals up to Rs19 per share on the paid-up equity share capital of the company, on the shares with a face value of Rs10/- each.
"The Interim Dividend would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. Monday, the 01st February, 2021 which has already been communicated to Exchanges by letter dated 11th January, 202," the company said.
Feburary 19, 2021 has been decided as the date of payment of interim dividend.
Despite the news, the company's shares were trading lower by 5.40% or Rs312 at Rs5,462 per piece on the BSE at around 10:31 AM.